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Sebi eases listing & disclosure rules for public companies
Financial Express Chandigarh
|December 16, 2024
THE SECURITIES AND Exchange Board of India (Sebi) has notified a slew of amendments aimed at easing the listing obligations and disclosure requirements for public companies, effective from December 12.
The amendments include reducing compliance and disclosure timelines for board meetings, tax litigations and disputes, and the appointment of board committees. Additionally, the regulator has introduced a single filing system to enable automatic reporting between exchanges and set a threshold for fines or penalties that companies are required to disclose. These changes are part of the regulator's efforts to ease the business environment for listed companies and enhance operational efficiency, based on recommendations from an expert committee chaired by S K Mohanty, a former whole-time member of Sebi.
Denne historien er fra December 16, 2024-utgaven av Financial Express Chandigarh.
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